HomeMy WebLinkAbout07-27-23 Correspondence - Montana Housing -[EXTERNAL]Reminders for Our Montana Housing PartnersFrom:Montana HousingTo:AgendaSubject:[EXTERNAL]Reminders for Our Montana Housing PartnersDate:Wednesday, July 26, 2023 9:20:20 AM
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HOME and HTF Programs
Montana Housing Banner
Affordable Housing
HOME and HTF Reminders
HOME Investment Partnerships and Housing Trust Fund Program Partners:
Below you'll find the latest purchase price, income, rent and subsidy limits
as published by the US Department of Housing and Urban Development
(HUD):
HUD-published HOME Program Purchase Price Limits, effective July 1,
2023.
HUD-published income and rent limits for the HOME and Housing Trust
Fund Programs, effective June 15, 2023:
HOME income limits
HOME rent limits
HTF income limits
HTF rent limits
HUD-published HOME and HTF per unit subsidy limits, effective April 7,
2023:
0BR $173,011
1BR $198,311
2BR $241,176
3BR $312,004
4BR $342,482
During the 2023 legislative session, HB 358 removed the exemption for
property managers to be licensed at a housing complex for low-income
individuals subsidized by any government agency or political subdivision of
the United States. If your organization does not have licensed property
managers at your HOME or HTF-financed properties, please reference the
Montana Department of Labor and Industry’s online application for property
managers: https://boards.bsd.dli.mt.gov/realty-regulation/license-
information/property-manager.
HOME, National Housing Trust Fund and Community Development Block
Grant housing applications for new construction and preservation of
affordable homes are due September 15, 2023. For more information,
visit https://housing.mt.gov/Community-Housing/.
Applications to use HOME-ARP funds to address homelessness are due
October 31, 2023. Additional information is available on the HOME-ARP
web page. The Administrative Rule Making (ARM) process will begin soon
for the Emergency Shelter Facility Program, a new source of grant funds
appropriated by the 2023 legislature. More information will be posted to the
HOME-ARP website when available.
Applications for HOME down payment assistance and CDBG homeowner
rehabilitation programs are accepted on an on-going basis; see
https://housing.mt.gov/Community-Housing/ for further information.
This email was sent to agenda@bozeman.net using GovDelivery Communications Cloud on behalf of: MontanaDepartment of Commerce · P.O. Box 200501 · Helena, MT 59620-0501
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